ALTEO Energiaszolgaltato Nyrt. (ALTEO) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of ALTEO Energiaszolgaltato Nyrt. HUF 2,309, price HUF 4,000, upside -42.3%, quality 39 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
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ALTEO Energiaszolgaltato Nyrt.
ALTEO · BUDWeakest SetupStrongly overvalued and low quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 1,094 HUF – 6,620 HUF · fair‑value band 1,732 HUF – 2,887 HUF · the 4,000 HUF price screens above the 2,309 HUF fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Company profile
ALTEO Energy Services produces and sells electricity and heat in Hungary. The company operates through the Heat and Electricity Production and Management; Renewables-Based Energy Production; Energy Services; Circular Economy Management; Retail Energy Trade; and Other segments.
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ALTEO Energy Services produces and sells electricity and heat in Hungary. The company operates through the Heat and Electricity Production and Management; Renewables-Based Energy Production; Energy Services; Circular Economy Management; Retail Energy Trade; and Other segments. It also engages in the retail trade of electricity and gas; operation and maintenance of energy generating assets and construction-installation activities; planning and management of the electricity production and heat generation and storage facilities; wholesale of waste and scrap; and production of renewable energy from solar, wind, and hydropower plants, as well as through biogas. In addition, the company offers waste management, collection, recovery, and sale of organic and inorganic waste services; ancillary and recycling services; renewable production management services; business and other consultancy services; non-hazardous waste treatment and disposal services; and desalinated water production, e-mobility, and asset management services. The company was formerly known as ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag and changed its name to ALTEO Energy Services in June 2021. ALTEO Energy Services was founded in 2008 and is headquartered in Budapest, Hungary.
Stock analysis
ALTEO Energiaszolgaltato Nyrt. (ALTEO) currently trades at 4,000 HUF, while our model-based Fair Value estimate is 2,309 HUF, implying the stock looks roughly 73.2% overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 3,835 HUF per share, and 4 of the 16 models we run sit above the 4,000 HUF price.
Bear case: the Economic Profit group reads lowest at 908.19 HUF, and 12 of the 16 models stay below the price. Evidence for this calculation is medium.
Scenario range: 1,732 HUF (bear) to 2,887 HUF (bull), the price of 4,000 HUF sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 39/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
ALTEO Energiaszolgaltato Nyrt. reported revenue of 123B HUF in FY2025 versus 44.2B HUF in FY2021, a compound +29.2%/yr. Reported net income was 2.5B HUF in FY2025, compounding −19.0%/yr from FY2021.
Key figures
Market cap 78.8B HUF (≈ $245M) · P/E ratio 31.5 · P/S ratio 0.65 · EPS (TTM) 126.82 HUF · Dividend yield 0.3% · Net margin 2.0% · Return on equity 0.5% · Return on assets (EBIT) 15.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (medium confidence).
What moves the price
The share trades about 22% below its 52-week high and 23% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −40% fair-value upside, at −42%, ALTEO screens richer than that median.
Fair Value models
All 16 models by family
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Set up alert →Quality Score breakdown
Of which business quality 41 · Market factors (momentum, volatility) 50
Revenue & earnings trend
ALTEO screens 73% overvalued. Compare with China Yangtze Power Co →
Compare ALTEO Energiaszolgaltato Nyrt. with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Renewable · 207 stocks
Valuation Multiplesvs Utilities - Renewable median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Utilities sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Utilities
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| China Yangtze Power Co 600900 | ¥28.08 | ¥30.89 | +10% |
| Ørsted A/S ORSTED | kr 135.75 | kr 31.40 | −77% |
| Huaneng Lancang River Hydropower Inc 600025 | ¥9.62 | ¥4.45 | −54% |
| Adani Green Energy Limited ADANIGREEN | ₹1,301 | ₹169.61 | −87% |
| BEP BEP | $29.08 | $70.40 | +142% |
| Fortum Oyj FORTUM | €23.56 | €14.06 | −40% |
| SDIC Power Holdings 600886 | ¥14.30 | ¥17.08 | +19% |
| China Three Gorges Renewables (Group) Co 600905 | ¥3.64 | ¥2.40 | −34% |
| EDP Renewables, S.A EDPR | €13.22 | €3.67 | −72% |
| Public Power Corporation PPC | €23.72 | €7.44 | −69% |
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